Houston American Energy Corporation

(NASDAQ:HUSA)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Operating revenue
Total Revenue 2,351 3,329 2,937 1,823
Operating Revenue 2,351 3,329 2,937 1,823
Adjustments To Revenue — — — —
Cost Of Sales 748 1,219 924 399
Cost Of Sales With Depreciation 748 1,219 924 422
Gross Operating Profit 1,602 2,110 2,013 1,424
Operating Expenses
Research And Development Expenses — — — —
Selling General And Administrative Expenses 653 1,686 321 333
Advertising Expenses — — — —
Operating Income Before Depreciation 950 423 1,692 1,091
Operating Income 803 7,614 1,350 737
Depreciation 147 424 342 6
Depreciation Unreconciled 147 424 342 -16
Amortization — — — —
Amortization Of Intangibles — — — —
Operating Income After Depreciation 803 -1 1,350 1,085
Non Operating Expenses
Interest Expense — — — —
Pre Tax Income 876 7,681 1,444 882
Income Taxes 77 4,481 573 227
Minority Interest — — — —
Income Before Income Taxes 876 7,681 1,444 882
Net Income From Continuing Operations 799 3,200 872 655
Net Income From Discontinued Operations — — — —
Net Income From Total Operations 799 3,200 872 655
Non Recurring Events
Extraordinary Income Losses — — — —
Income From Cummulated Effect Of Accounting Changes — — — —
Income From Tax Loss Carryforward — — — —
Other Gains And Losses — — — —
Total Net Income 799 3,200 872 655
Normalized Income 799 3,200 872 1,003
NetIncome Available For Common 799 3,200 872 655
Preferred Dividends — — — —
Excise Taxes — — — —